4.4 Granting a Financial or Limited Power of Attorney

4. Managing, Accessing and Closing a Bank Account

• Checklist: Managing, Accessing and Closing a Bank Account
• 4.1 Keeping Your Account Open
• 4.2 Managing Your Account, Yourself
• 4.3 Creating a Joint Bank Account
• 4.4 Granting a Financial or Limited Power of Attorney
• 4.5 Closing Your Bank Account
• 4.6 Safety Deposit Boxes

You can choose a person you trust and give them a financial or limited power of attorney. This will allow the appointed person to manage the account on your behalf. You can learn more in the Powers of Attorney section (Chapter 9).

Some banks do not allow for powers of attorney. Check with your bank.